Stock Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
DropCar, Inc (NASDAQ:DCAR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DCAR
The long term trend has been DOWN since May 8th, 2019 at 1.87000
The intermediate term trend has been DOWN since Nov 25th, 2019 at 0.56999
The short term trend has been UP since Dec 10th, 2019 at 0.65000
Smart Scan Analysis for DCAR
Based on a pre-defined weighted trend formula for chart analysis, DCAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||6.28||Year High Date||2018-01-16|
|Year Low||0.3||Year Low Date||2018-11-23|
|52wk High||6.3599||52wk High Date||2019-03-26|
|52wk Low||0.51||52wk Low Date||2019-10-14|
|Average Volume||81,166||Shares Outstanding||4,062|